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The backdrop of digital transformation and its consequences

Paul Hobcraft

The customer has become absolutely central to this transformation and the drive towards the 4th Industrial revolution is driving this transformation wholesale across all industries and services engaged in business. We need to fundamentally transform our processes by opening up and engaging with customers.

Report 168
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Jumping to a fresh cycle of innovation design

Paul Hobcraft

Accelerating the inventiveness within us all. We need to consider how big data and analytics, technology and a far more creative thinking needs to be applied collectively but in greater constellations of partners. The real need is delivering a new integrated innovation engagement platform.

Design 232
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Sorting through our Innovation Management Tools

Paul Hobcraft

In Strategyzer’s view there is clearly a gap between the tools a company uses to execute a known business model and the tools they use to design future growth engines. Returning to Bain’s advice might help us work through the tool ‘desire and need’. Tool experts may have an engaging perspective, but managers must manage.

Tools 100
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Key Issues in Innovation Management – Revisited – Part 2

Tim Kastelle

In part 1 of this post , Ralph revisited key innovation issues that were already addressed by us three years ago. Co-Innovation and startup engagement. Another way is to “outsource” exploration through external engagement with startups. Even fewer are actually investing in them. (…).

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Technology leads, innovation exploitation is lagging

Paul Hobcraft

It is highly reliant on manual systems with people often disconnected from the real innovation engagement making decisions on inadequate data or insights. This merging of cloud, big data, social, and the internet of things is becoming the new system of discovery according to some.

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Valuing digitization alongside innovation

Paul Hobcraft

We all see around us increasing disruption caused by digitalization. Digitalizing innovation processes can potentially liberate us from ‘second-guessing’ customer needs and connect us into real-time understanding. The business of trading data is the new oil in the economy.

Data 208
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Industry 4.0: How to guide organizational change

mjvinnovation

Four major forces push the “fourth industrial revolution,” according to several experts: Surprising growth in data volume (Big Data); Emergence of tools, resources and methods for data analysis; The innovative possibilities of human-machine interaction; And the enhancements of the transfer of digital instructions to the physical world.